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Showing posts with label books to buy. Show all posts
Showing posts with label books to buy. Show all posts

Monday, July 28, 2014

Marriott International Inc ( $MAR ) will release earnings #Buy or #Sell ? #stocksplit ?




by N. Kross



Marriott International Inc (MAR) will release earnings for the second quarter of its fiscal year 2014 (2QFY14), tomorrow, after markets close. The leading hotelier is expected to report an increase in revenues and profitability.



Marriott managed to beat earnings estimates in three of the last four quarters but fell shy of revenue estimates in two quarters. The hotel chain performed well in its latest quarterly results; sales, at $3.29 billion, were in line with analysts’ estimates and increased 5% year-over-year (YoY) due to increased demand in North America. Net Income also grew 25.6% and totaled $172 million, or $0.54 per share, compared to the same quarter last year. This exceeded analysts’ predicted earnings of $0.51.

The company also revised its full-year earnings guidance for 2014. Earnings are now predicted to fall within a range of $2.39–2.59 – implying a 20-27% increase over the previous year – whereas the earlier guidance was set at $2.45. Management also pushed its revenue forecast for the ongoing year to a little over $13 billion, reflecting a growth of 10% over 2013. Analysts, on the other hand, predict revenues of $13.67 billion, while earnings are expected to equal $2.47 for the year.

In the second quarter (ended June 30), analysts predict the top line to grow 7.7% and reach $3.51 billion, compared to $3.29 billion in the second quarter last year. Continuing with the trend observed in 1QFY14, earnings are expected to increase 17.5% over last year, to come in at $0.67.

The company, which operates renowned hotel chains including Marriott and The Ritz-Carlton, is now focused on expanding its properties worldwide, especially in emerging markets. It also plans to introduce new hotels in the Middle East and Africa and is spending $3 billion on developing 45 properties in Africa alone, in countries like Nigeria and Kenya. However, given the troubled political conditions and terrorism in these areas, Marriot may have exposed itself to considerable risk. It also plans to renovate its hotels in developed countries, where the market seems to have slowed down. The company projects a 6% addition in rooms worldwide for the ongoing year. It has also announced the launch of new spas under the JW banner, which will commence operations in September this year.

Of the 29 analysts who cover the stock, 16 have rated it a Buy, while 10 recommend Hold. Analysts have a consensus twelve-month target price of $63.94 for the stock, which it is lower than its last closing price of $66.37. A day earlier, the stock had reached an all-time high of $67.12


Mad Money Fund has a buy rating - Target Price is $70.00 a share by Sept. 1 2014 , Look for 2 for 1 stock split in early 2015 ...........


Sunday, November 24, 2013

Buy Jim Cramer's Get Rich Carefully New Book #madmoney #Book #CNBC




Tired of phony promises about getting rich quickly, promises that lead to reckless decisions (the stepping stones to the poor house)? How about trying something different? How about going for lasting wealth—and doing it the cautious way? In Get Rich Carefully, Jim Cramer uses his thirty-five years of experience as a Wall Street veteran and host of CNBC’s Mad Money to create a guide to high-yield, low-risk investing. In our recovering economy, this is the plan you need to make big money without taking big risks.


Drawing on his unparalleled knowledge of the stock market and on the mistakes and successes he's made on the way to his own fortune, Cramer explains—in plain English—why you can get rich in a prudent, methodical way, as long as you start now. In his own inimitable style, Cramer lays it on the line, no waffling, no on-the-one-hand-or-the-other hedging, just the straight stuff you need to accumulate wealth. This is a book of wisdom as well as specifics. Cramer names names, highlights individual and sector plays, and identifies the best long-term investing themes—and shows you how to develop the disciplines you need to exploit them. Jim Cramer's Get Rich Carefully


The personal finance book of the year, Get Rich Carefully is the invaluable guide to turning your savings into real, lasting wealth in a practical, and yes—because this is, after all, a book by Jim Cramer—highly readable and entertaining way.




Tuesday, January 8, 2013

Is Google a Buy? ( $GOOG )

Taking a closer look at what Google's chart looks like now, with Carter Worth, Oppenheimer and John Stephenson, First Asset Investment Management. http://finance.yahoo.com/video/talking-numbers-google-buy-203000671.html

Monday, April 18, 2011